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Notes to the Consolidated Financial Statements


                                                                                                 31st March 2015


             27  SHARE CAPITAL AND SHARE OPTION SCHEME

                                                                              Company
                                                                   2015                      2014
                                                           Number of                 Number of
                                                              shares      HK$’000       shares      HK$’000

                  Authorised:
                    Ordinary shares of HK$0.10 each       800,000,000      80,000   800,000,000      80,000


                  Issued and fully paid:
                    Ordinary shares of HK$0.10 each

                  At the beginning of the year            580,093,720      58,009   580,093,720      58,009
                  Repurchase of the Company’s own shares    (726,000)         (72)           –            –


                  At the end of the year                  579,367,720      57,937   580,093,720      58,009


                  On  21st  August  2003,  the  Company  adopted  a  share  option  scheme  under  which  it  may  grant
                  options  to  eligible  persons,  including  employees  and  directors  of  the  Group,  to  subscribe  for  shares
                  of the Company. Such scheme expired on 21st August 2013 and there was no share option scheme
                  subsequent to the expiration.

                  On  11th  May  2010  and  27th  August  2010,  totally  40,810,000  share  options  were  granted  to  eligible
                  persons and such share options had been fully exercised/lapsed in prior years.







































                                                                      ALCO HOLDINGS LIMITED  ANNUAL REPORT 2015  85
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